KPIs & Operating Metrics(New)
Growth Metrics

CarGurus (CARG) Research & Development (2016 - 2026)

CarGurus has reported Research & Development over the past 10 years, most recently at $31.3 million for Q4 2025.

  • For Q4 2025, Research & Development rose 2.68% year-over-year to $31.3 million; the TTM value through Dec 2025 reached $138.3 million, down 0.53%, while the annual FY2025 figure was $138.3 million, 0.53% down from the prior year.
  • Research & Development for Q4 2025 was $31.3 million at CarGurus, down from $36.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $37.4 million in Q2 2023 and troughed at $25.2 million in Q1 2021.
  • A 5-year average of $32.2 million and a median of $31.5 million in 2022 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: surged 35.47% in 2021 and later dropped 13.4% in 2023.
  • Year by year, Research & Development stood at $27.1 million in 2021, then increased by 16.47% to $31.6 million in 2022, then fell by 13.4% to $27.3 million in 2023, then grew by 11.73% to $30.5 million in 2024, then rose by 2.68% to $31.3 million in 2025.
  • Business Quant data shows Research & Development for CARG at $31.3 million in Q4 2025, $36.3 million in Q3 2025, and $34.4 million in Q2 2025.